BULLETIN V2025-4070
AMERICORE RESOURCES CORP. ("AMCO")
BULLETIN TYPE: Property-Asset or Share Purchase Agreement
BULLETIN DATE: December 16, 2025
TSX Venture Tier 2 Company
TSX Venture Exchange ("Exchange") has accepted for filing documentation the Option Agreement dated December 2, 2025 ("Option Agreement") between the Company and an arm's length seller (the "Seller"). Pursuant to the terms of Agreement, the Company has acquired the rights, titles, benefits and interest in 42 unpatented lode mining claims located in Pershing County, Nevada, except for a 2% Net Smelter Returns Royalty.
In order for the Company to exercise the option under the Option Agreement, it must make the following payments to the Seller according to the following schedule:
1. Payment of $8,900 on execution of this Agreement (paid).
2. Payment of $25,000 and Issuance of 100,000 common shares of the Company ("Shares") within five (5) business days of Agreement acceptance for filing with the Exchange (paid).
3. Payment of $40,000 and issuance of 150,000 Shares on the first anniversary of the effective date.
4. Payment of $60,000 and issuance of 250,000 Shares on the second anniversary of the effective date.
5. Payment of $230,000 and issuance of 500,000 Shares on the third anniversary of the effective date.
Once the Option is exercised, the Company shall grant the Seller a 2% NSR on the Property. The Company will have the option to repurchase up to 1% of the 2% NSR through a cash payment of $2,000,000 or 38,000 ounces of silver, subject to Exchange approval.
For further information, please refer to the Company's news releases dated December 15, 2025 and December 4, 2025.
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